While the video processing chip leader continued to endure top-line declines given volatility in its consumer electronics market vertical, the gravity of that drop moderated significantly, helping Ambarella absolutely smash earnings estimates in the process. The new robotics platform and its related development kits are available today and can be paired with various mono and stereo configurations, as well as rolling shutter, global shutter, and IR sensor options. In the end, coupling that guidance with Ambarella's relative outperformance in the second quarter gave bullish investors more than enough reason to aggressively bid up the stock. Customers can download the compiled model and deploy it to their fleet of Ambarella-equipped devices. Only downside is can only run specific types of inference because of their novel/low-power inference architecture; Inuitive NU4000AI, here. And if Ambarella can indeed sustain that momentum through the rest of the year as management hopes, I suspect patient investors are poised to enjoy even more significant gains going forward. Based on CVflow architecture, the new robotics platform targets automated guided vehicles (AGV), consumer robots, industrial robots, and emerging industry 4.0 applications. Until now, developers had to manually optimize ML models for devices based on Ambarella AI vision SoCs. *FOR THE QUARTER ENDED JULY 31, 2019. 2 TOPS neural, 0.5 TOPS vision processing. Then they upload the model to their AWS account and use Amazon SageMaker Neo to optimize the model for Ambarella SoCs.
The Machine And it provides access and acceleration for the most common robotics functions, including stereo processing, key points extraction, neural network processing, and Open Source Computer Vision Library (OpenCV) functions. It also supports the Robotics Operating System (ROS) for easier development and visualization. 8 mobile access control systems become the game changers, Weekly/monthly newsletters of your option: Security & IoT for Business; Smart Building & Home; Mobility; Industrial IoT, Marketing emails: latest product releases, report downloads and more exclusive content. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.
New CV28M SoC delivers fast and flexible AI processing at the edge SANTA CLARA, Calif.—Nov. Ambarella, a California-based video technology semiconductor company, has introduced a new System-on-Chip (SoC), aiming to bring artificial intelligence video processing and high resolution recording to the mainstream. Adjusted gross margin was 58.1%, down from 61.4% a year earlier but squarely in line with Ambarella's guidance for between 57% and 59%.
With shares up 19% in after-hours trading as of this writing, let's hone our focus for a closer look at what Ambarella accomplished over the past few months. 24 TOPS at 1W.